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Ginger acreage is basically the same as last year, but because of a cold weather in northern China this spring, affecting the germination of the growth of ginger, the yields were negatively affected. Snow caused onion harvest difficulties, and therefore prices have gone up faster.Harvest season for northern dried chili is around the annual Mid-Autumn Festival.
Farmers artificially dry the harvested chili and put it into the market, and then use last year's stock to continue to supply the market. In December, chili can also be dried naturally at lower cost than artificial drying. At the end of the year, as natural dried chili is available in volume, the price will decline.
In November, the selling price of artificially dried chili once reached 0.8-1 RMB/kg, which should be considered a price recovery, but in December, when the natural dried chilli hit the market, but the price gradually declined. This is entirely consistent with the law of value fluctuations.The same is true for ginger and green onions. Northern ginger is generally harvested in October, partly for fresh ginger, and partly stored up.
Therefore, what is sold on the market is still old ginger. During the onion harvest, some are left in the ground until after the holiday for selling fresh onions, and some are frozen. Because water loss, onion and ginger storage prices have gone up as normal.